Grizzly Discoveries (GZD) AI Stock Analysis

• Market Cap: C$4.47M
• Dividend Yield: N/A
• Average Volume (3M): 130.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: N/A
• EPS Growth: 34.21%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 178,602,300
• 10 Day Avg. Volume: 138,860
• 30 Day Avg. Volume: 130,231
• PEG Ratio: 0.22
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: C$0.03 ▼(-16.67% Downside)

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow), partially offset by a relatively solid balance sheet with low leverage. Technical indicators are mixed with slightly weak momentum, and valuation provides limited support due to a negative P/E and no dividend yield data.

Positive Factors

Balance sheet strength

Low leverage and a sizable equity base provide durable financial flexibility for an exploration company, supporting continued funding of drill programs and permitting without immediate debt pressure. This reduces short-term insolvency risk and gives management optionality on financing sources over the next several months.

Improving cash burn

A meaningful reduction in cash outflows versus prior years indicates better expense control or more efficient project execution. Sustained improvement in burn rate extends the company’s runway, lowers near-term dilution pressure, and increases the chance management can advance targets to value-accretive milestones before needing large financings.

Narrowing net losses

Progressive reduction in net losses signals operational improvements or tighter cost discipline, a durable trend that, if continued, moves the company closer to cash-flow breakeven. For an exploration-stage firm, narrowing losses improves equity longevity and reduces the frequency/size of future financings.

Negative Factors

No revenue generation

Lack of any revenue means the business remains fully exploration-stage and cannot self-fund operations; this structurally increases dependence on capital markets or partners. Without demonstrated revenue, long-term sustainability hinges on successful discovery or material asset monetization, which is uncertain.

Negative operating and free cash flow

Persistent negative operating and free cash flow force reliance on external funding to sustain exploration. Over a multi-month horizon this constrains the pace of drilling and advancement, reduces strategic flexibility, and increases the probability of dilutive financings if cash flows do not turn positive.

Funding and execution risk

Despite a solid equity cushion, ongoing losses mean the company faces execution and runway risk that can lead to project delays or rushed financings. Structurally, recurrent need for capital can dilute shareholders, limit long-term project commitments, and pressure management to prioritize near-term financing over optimal exploration timing.

Grizzly Discoveries Business Overview & Revenue Model

Company Description

Grizzly Discoveries Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, copper, silver, and cobalt deposits. It holds interests in Greenwood Project covering approximately 180,000 contiguous acres; and a 100% interest in Robocop property comprising of five mineral claims that covers an area of 5,864 acres located in southeastern British Columbia. The company was formerly known as Grizzly Diamonds Ltd. and changed its name to Grizzly Discoveries Inc. in January 2010. Grizzly Discoveries Inc. was incorporated in 2002 and is headquartered in Edmonton, Canada.

How the Company Makes Money

Grizzly Discoveries makes money through the exploration and potential development of mineral resources. The company's primary revenue streams include the sale or optioning of its exploration properties to larger mining companies who have the capacity to develop these resources. Additionally, Grizzly may generate income through joint venture agreements where costs and profits are shared with partners. The company might also raise funds by issuing shares to finance ongoing exploration activities. Significant partnerships with other mining entities can enhance Grizzly's project development capabilities, potentially leading to production royalties or milestone payments, further contributing to its earnings.

Grizzly Discoveries Financial Statement Overview

Summary

Financials reflect an early-stage profile: no revenue across periods, ongoing net losses, and consistently negative operating cash flow. The main offset is a relatively strong balance sheet with minimal leverage and sizable equity, plus some recent improvement in losses and cash burn.

Income Statement

The company reports no revenue across the presented annual periods, indicating it is not yet operating at a commercial scale. Losses are persistent, though the latest year shows a narrower loss versus 2024 (net loss improved to about -$403k from about -$582k), which is a modest positive trend. Overall profitability remains weak with negative operating results and no margin support from revenue, keeping the income statement quality low.

Balance Sheet

The balance sheet is a relative strength: leverage is low, with debt-to-equity around 0.03 in 2025 (and zero debt in most prior years), which reduces financial risk. Equity remains sizable (~$9.9M) and assets are fairly stable (~$10.4M in 2025). The key weakness is ongoing negative returns on equity driven by recurring losses, which can gradually erode the capital base over time if not reversed.

Cash Flow

Cash generation is weak, with operating cash flow negative each year (about -$251k in 2025 and about -$449k in 2024), reflecting continued cash burn. Free cash flow is volatile—improving materially from a very large outflow in 2023, but returning to roughly breakeven/zero in 2025 versus a negative figure in 2024—suggesting spending levels can swing year to year. While the magnitude of cash burn has moderated recently, the business still relies on funding sources rather than internally generated cash.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	-217.69K	121.72K	0.00
EBITDA	-402.95K	-618.46K	-517.88K	-560.53K	-378.42K
Net Income	-402.95K	-582.06K	-735.57K	-435.29K	-364.16K
Balance Sheet
Total Assets	10.37M	10.52M	9.88M	10.21M	8.01M
Cash, Cash Equivalents and Short-Term Investments	88.65K	224.08K	214.78K	2.21M	173.14K
Total Debt	250.00K	0.00	0.00	0.00	0.00
Total Liabilities	466.29K	634.66K	264.83K	576.69K	363.39K
Stockholders Equity	9.90M	9.88M	9.61M	9.63M	7.65M
Cash Flow
Free Cash Flow	0.00	-449.13K	-2.43M	-481.89K	-1.11M
Operating Cash Flow	-250.94K	-449.13K	-758.59K	-326.06K	-304.16K
Investing Cash Flow	-22.38K	-321.69K	-1.66M	-154.88K	-782.85K
Financing Cash Flow	132.06K	802.74K	450.51K	2.50M	423.51K

Grizzly Discoveries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GZD, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.70 is Neutral, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:GZD.

Grizzly Discoveries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RKR	52 Neutral	C$7.20M	-16.18	-355.18%	―	―	91.92%
PER	50 Neutral	C$8.30M	40.00	14.20%	―	16.85%	―
GZD	47 Neutral	C$4.47M	-11.36	-4.07%	―	―	34.21%
CRUZ	45 Neutral	C$6.65M	-6.14	-24.99%	―	―	27.50%
CAT	42 Neutral	C$5.09M	-37.50	89.38%	―	―	89.47%
AME	41 Neutral	C$3.45M	-0.81	―	―	―	6.36%

Grizzly Discoveries Corporate Events

Grizzly Ramps Up IP and Drilling at Sappho Critical Minerals Target in B.C.

Grizzly Discoveries plans an induced polarization survey and diamond drilling program in early 2026 at its Sappho critical minerals target in the Greenwood area of British Columbia, following strong historical and recent surface sampling and drilling results that indicate significant copper, gold, silver and platinum group element potential. The new work at Sappho, alongside ongoing soil, rock sampling and planned ground geophysics across additional targets such as Midway, Motherlode and Rock Creek, underscores the company’s strategy to delineate drill-ready copper-gold skarn and porphyry targets at a time of rising critical metals prices, potentially strengthening its exploration pipeline and positioning within the regional battery and precious metals sector.

The most recent analyst rating on (TSE:GZD) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on Grizzly Discoveries stock, see the TSE:GZD Stock Forecast page.

Grizzly Discoveries Raises $240,000 in First Tranche of Private Placement

Grizzly Discoveries has closed the first tranche of its previously announced non-brokered private placement, raising gross proceeds of $240,000 through the sale of 8 million flow-through units at $0.03 per unit. Each flow-through unit comprises one common share and half a warrant exercisable at $0.05, with the overall offering still open for additional unit and flow-through unit subscriptions, subject to final TSX Venture Exchange acceptance, and resulting in 186.6 million shares now outstanding and new trading restrictions on securities issued under the placement.

Grizzly Discoveries Launches $1 Million Private Placement for Exploration

Grizzly Discoveries Inc. announced a private placement offering of Units and FT Units to raise up to $1 million, aimed at funding mineral property exploration, mineral rights, and corporate overhead. The offering, subject to TSX Venture Exchange acceptance, includes up to 8,333,333 Units and 25,000,000 FT Units priced at $0.03 each, with proceeds intended for exploration and corporate expenses, reflecting the company’s strategic focus on expanding its exploration activities.

Grizzly Discoveries Advances Exploration at Greenwood Project

Grizzly Discoveries has mobilized a crew to commence fieldwork at its Greenwood, BC Precious and Battery Metals Project, aiming to conduct trenching and drilling subject to financing. The company has also settled outstanding debts by issuing common shares and completed the Midway Mine Option, granting it a 100% interest in the Midway Mine Claims. The exploration at the Midway area targets copper-gold skarn and epithermal gold-silver deposits, with recent samples indicating high-grade mineralization potential. The company plans further exploration and drilling in late 2025 or early 2026, contingent on financing and weather conditions.

Grizzly Discoveries Secures $153,000 in Private Placement to Boost Exploration Efforts

Grizzly Discoveries Inc. has successfully closed a non-brokered private placement, raising $153,000 to fund its mineral property exploration and cover corporate overheads. This financial move, involving the issuance of Units and FT Units, strengthens Grizzly’s position in the mineral exploration industry, allowing it to continue its development projects in British Columbia. The transaction included a related-party component but was exempt from certain regulatory requirements due to its size relative to the company’s market capitalization.

Grizzly Discoveries Unveils Promising Assay Results at Greenwood Project

Grizzly Discoveries has announced promising assay results from its Beaverdell Target at the Greenwood, BC Precious and Battery Metals Project. The sampling program revealed significant silver, copper, lead, zinc, and molybdenum findings, indicating potential for further exploration. The company plans to continue exploration efforts in the fall of 2025, supported by a private placement offering aimed at raising funds for drilling and trenching activities. These developments could enhance Grizzly’s positioning in the mining industry and attract stakeholder interest.